powered by Standard Investment Bank
CORPORATE ACCOUNT OPENING FORM
MansaX Fund Description
MansaX is a global multi-asset strategy fund, regulated and domiciled in Kenya that invests in the global markets. The fund is a product of Standard Investment Bank, which is
licensed as the first Online Forex Trading Money Manager in Kenya by the Capital Markets Authority, under the CMA Online Forex Trading Regulations, 2017.
The MansaX Fund is run under the Global Markets Division of Standard Investment Bank Ltd. The primary objective of the fund is to offer above-average market returns in order to
accelerate its clients’ capital growth through diversification.
Account Number:
Date:
COMPANY DETAILS
Company Name:
Registration Number:
Date of Incorporation:
Country of Incorporation:
PIN No.
Nature of Business/Industry:
Postal Address:
Postal Code:
Town/City:
Country:
Physical Address:
Tel./Mobile No.:
Email:
SHAREHOLDERS (Shareholders with at least 25% Shareholding)
PLEASE LIST THE NAMES OF THE SHAREHOLDERS
TAX IDENTIFICATION NUMBER
DIRECTORS (Please list the names of all directors)
PLEASE LIST THE NAMES OF THE DIRECTORS
TAX IDENTIFICATION NUMBER
FINANCIAL BACKGROUND
Approximate annual turnover:
USD
Balance Sheet Total:
USD
SIGNING MANDATE
Please provide a copy of the Company Mandate Resolution:
KENYATTA AVENUE, 16TH FLOOR JKUAT TOWERS; P. O. BOX 13714, 00 800 NAIROBI; Tel: +254 777 333 000; Email: clientservices@sib.co.ke
BANK ACCOUNT (Primary Applicant)
Account Name
Account Number
Country
Kenya
Other
Currency: KES
Other
Bank Name
Branch
Swift/BIC Code
DOCUMENTATION
Proof of Identity:
Certificate of Incorporation
Proof of Address:
Utility bill or KRA PIN Certificate or Bank Statement
Board Resolution:
Board Resolution confirming the list of authorized signatories
Beneficial Ownership/Shareholding:
Share certificate (CR12, W8 BEN)
Tax Identifier:
KRA PIN Certificate
Fee Structure:
Management fee of 5% of assets under management, charged annually
Performance Fee: 10% (above hurdle rate of 25% return, p.a.).
EMAIL INDEMNITY
Would you like to provide us with an email indemnity, to enable us to receive your instructions via email?
YES
NO
If YES, please indicate your preferred email address.
By signing below, I understand that Standard Investment Bank shall be entitled to treat such email notice, demand or other communication
as fully authorized by and binding upon the investor and Standard Investment Bank.
Signature:
DISCLOSURE
Investing in the foreign exchange (Forex) market, alternative investments, and other leveraged asset classes carries a high level of risk, and
may not be suitable for all types of investors. Before deciding to invest in any type of high leverage trading, you should carefully consider
your investment objectives, length of investment and risk appetite. The possibility exists that you could sustain a loss of some of your
initial investment and past performance is never indicative of future results. Terms and conditions apply.
DECLARATION
I confirm that I have been duly authorised by the company to sign this application form and the information given above is true to the best
of my knowledge and will notify SIB in case of any material change.
I confirm that the funds to be invested are those of the company and not underlying clients. If funds are for underlying clients, I confirm
that I have the relevant approvals to make the investments and not in breach of any rules that may be applicable.
Signature:
Date
KENYATTA AVENUE, 16TH FLOOR JKUAT TOWERS; P. O. BOX 13714, 00 800 NAIROBI; Tel: +254 777 333 000; Email: clientservices@sib.co.ke
HOW TO MAKE PAYMENTS TO YOUR MANSAX INVESTMENT ACCOUNT
A.
I&M CHEQUE DEPOSIT (at any I&M Bank Branch)
1.
Fill in an I&M Business Connect Deposit slip by providing the
following information:
•
Account number: 50122XXXXXXXX (where XXXXXXXX is your
SIB customer number)
•
Amount to be paid
2. Hand in deposit slip together with I&M Cheque to the teller
•
Draw the cheque in favour of SIB GLOBAL MARKET CLIENT
ACCOUNT
3. You will be issued with an acknowledgement slip for
successful cheque deposit
B.
MPESA
1.
Launch Mpesa in your phone
2. Under the Paybill Option, enter business number at 7186159
3. Enter account number as 50122XXXXXXXX (where XXXXXXXX
is your SIB customer number)
4. Enter the amount to pay and follow prompts to complete the
transaction
5.
You will receive and SMS notification confirming the payment
6. Your SIB-MansaX account will be updated instantly to reflect
the payment
C.
PESALINK
1.
Go to PESALINK Menu
2. Select Pay to Account
3. Enter account number as 50122XXXXXXXX (where XXXXXXXX is
your SIB customer number)
4. Enter amount
5.
Select I&M Bank as beneficiary bank
6. Under reasons/remarks, write Account Funding
7.
Submit payment
8. You will receive a PESALINK confirmation SMS
D.
RTGS
1.
Fill in the RTGS request slip and include the following
information:
•
Beneficiary: SIB GLOBAL MARKET CLIENT ACCOUNT
•
Bank: I&M Bank
•
Branch: KENYATTA AVENUE
•
Beneficiary Account: 50122XXXXXXXX (where XXXXXXXX is
your SIB customer number)
•
Remarks/payment instructions/purpose: customer name and
number
•
Amount
2. Hand in filled application form to your bank
3. You will be issued with an acknowledgement slip
4. Upon receipt of RTGS payment from your bank, an update will
be sent to your SIB-MansaX Account
5.
NB: Use the same information above if doing RTGS via
internet banking offered by your bank.
OFFICIAL USE ONLY
Verified By:
Signature:
Introduced by:
Signature:
KENYATTA AVENUE, 16TH FLOOR JKUAT TOWERS; P. O. BOX 13714, 00 800 NAIROBI; Tel: +254 777 333 000; Email: clientservices@sib.co.ke